Issue 47

Oil & Gas

• Egypt Leans on LNG Imports Amid Israeli Gas Field Shut-Ins
• Ballooning Egypt Gas Deficit Met By Record Q3 Gas/LNG Imports
• Cheiron Starts Up Egypt Offshore Project

Corporate

• Oman Block 11 Partners Eye 2026 FID
• Lower Prices Hit OQEP Profits In Q3
• Syria Accelerates Its Upstream Ambitions
• XRG Secures Covestro Approvals

Geopolitical Risk

• Iraq’s Government In Post-Election Paralysis
• HKN Finalizes Hamrin Terms
• Sudan: Deadly Drone Attacks Disrupt Key Oil Facilities

Refining & Petrochemicals

• Iran Tanker Arrest Raises Questions In The Gulf
• Kuwait Moving To Year-Round Electricity Imports

Power & Water

• Electricity Exports Provide New Source Of Gas Demand For Adnoc Gas
• Dubai Raises Clean Energy Target To 8.3GW By 2030
• Saudi Arabia’s Nuclear Plans Move Closer Following Trump Talks

Economics & Finance

• Tunisia Secures $430mn From World Bank For Renewables

News In Brief

• Oman Energy Ministry Taps Block 5 For More Oil
• Oman Plans Duqm NGL Project
• Qatar Signs Guyana Offshore PSA
• Iraq-Turkey Discuss New ITP Agreement
• Iraq: Energy Sector Payment Delays
• Egypt 4.8gw Nuclear Plant Nearing Start-Up
• Egypt: IMF Plans December Reviews
• Crude Official Selling Prices ($/B): Key Gulf Producers Cut Asia December Prices

Selected Data

• Benchmark Crude Prices ($/B)
• China Turns To Middle East For More Crude in October